communism Archives - Legacy Insurance Agency https://legacyinsuranceagency.com/tag/communism/ Protect, Plan and Prosper Wed, 02 Jun 2021 20:00:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://legacyinsuranceagency.com/wp-content/uploads/2015/04/Legacy-LifetimeBank-400-e1453402663782-100x100.jpg communism Archives - Legacy Insurance Agency https://legacyinsuranceagency.com/tag/communism/ 32 32 Socialism vs Capitalism https://legacyinsuranceagency.com/socialism-vs-capitalism/ Tue, 01 Dec 2015 23:42:42 +0000 http://legacyinsuranceagency.com/?p=1224 Socialism vs Capitalism Socialism vs Capitalism. These are opposing schools of thought in economics. Essentially socialists believe in big government and capitalists believe in free enterprise. The remainder of this blog was written by Austrian Economists, Carlos Lara and Bob Murphy. Excerpted from the Lara-Murphy Report 5 LMR NOVEMBER 2015 by Carlos Lara and Bob Murphy If there was one thing we could say with regards to socialism that would cause people to rethink socialism’s entire ideology and reject it, we would point to its inability to calculate or appraise anything. It has no means for testing. Without this one ingredient in the fabric of society how

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